Anxiety about debt and financial stability can severely reduce the productivity and health of employees, which can hurt a company’s bottom line. Businesses, government, and philanthropic organizations should embrace the case for improving the financial well-being of workers.
By wielding their deep experience in distressed local communities and using four methods for channeling investment into marginalized regions, foundations can play a deciding role in the success of the Opportunity Zone federal tax incentive.
Too often impact investors park customer insight at the door when focused on projects in poor communities. These approaches can help them learn what their target consumers really want. Part of a series produced for SSIR with the support of the Hewlett Foundation.